Going Against The Grain
The black market: is it capitalism in its purest form? One of America's top investors foresees a crash in China's property market. And warnings that Obama's bank reforms won't work.
Informal traders and black market profiteers: do they represent the seamy side of business or capitalsim in its purest form? Toby Sheta, a Zimbabwean mobile phone trader, talks about how he had to apply
"situational morality" to make money during the Mugabe regime.
Jim Chanos is a legendary New York investor from Kynikos Associates who built his fortune by anticipating the collapse of Enron and other flawed corporations. He now foresees a crash in China's sizzling property market.
Expectations have been high over President Obama's bank reforms. But will they work?
Lesley Curwen asked Professor Martin Feldstein, a current member of Mr Obama's Economic Recovery Advisory Board, and Professor Tim Congdon former economic advisor to the British government.
Last on
Chapters
Going Against The Grain
The Black Market
Black market profiteers: is it capitalsim in its purest form?
Duration: 09:55
The Black Market
Black market profiteers: is it capitalsim in its purest form?
Duration: 09:55
The Black Market
Black market profiteers: is it capitalsim in its purest form?
Duration: 09:55
Broadcasts
- Sat 30 Jan 201006:32GMTBBC World Service Online
- Sun 31 Jan 201010:32GMTBBC World Service Online
- Sun 31 Jan 201019:32GMTBBC World Service Online
